Rishi Sunak returns to Goldman Sachs as senior adviser

Former UK PM Rishi Sunak

Former UK Prime Minister Rishi Sunak will be returning as senior adviser to Goldman Sachs. He has earlier worked there as a summer intern and later as a junior analyst after graduation from 2001 to 2004.

After leaving Goldman Sachs in 2004, Sunak went on to work at the hedge fund TCI, founded by billionaire Chris Hohn, and later at its offshoot, Theleme Partners.

The appointment was announced by the Goldman Sachs' CEO David Solomon. “I am excited to welcome Rishi back to Goldman Sachs in his new capacity as a senior adviser,” Solomon said in a statement on Tuesday.

“He will also spend time with our people around the world, contributing to our culture of ongoing learning and development,” he added. The former PM will advise clients on geopolitical and economic issues.

This also marks Sunak's first major professional move since stepping down as Conservative Party leader following Labour’s landslide victory in the July 2024 general election. Since then, the MP for Richmond and Northallerton, has kept a low profile.

Meanwhile, earlier this year, Sunak also accepted academic roles at the University of Oxford and Stanford University.

However, he has said that he intends to continue serving in Parliament from the backbenches for the remainder of this term, ruling out an early departure from the House of Commons.

Sunak’s earnings from Goldman Sachs will be donated to the Richmond Project, a charitable initiative he and his wife launched to enhance numeracy skills in the UK.